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FRESHARASME / NSEListed

Freshara Agro Exports Limited

Freshara Agro Exports Limited, formerly known as Freshara Picklz Exports, was established in 2015 and focuses on sourcing, processing, and exporting preserved gherkins and other pickled vegetables from India to international markets. The company follows a contract farming model by partnering with farmers in Tamil Nadu, Karnataka, and parts of Andhra Pradesh. Around 70% of its produce is sent to factories for further processing, while 30% is exported directly to food brokers and traders. Freshara offers products like gherkins, baby corn, and jalapenos in industrial, food service, and retail packaging. The company maintains strict quality and food safety standards with certifications from FSSAI, US FDA, Star-K Kosher, APEDA, IFS, and BRCGS. As of September 30, 2024, it employs 135 people.

₹110 - ₹116236.95x sub
Listed Price135.00
Listing Gain+16.38%
TimelineBookbuilding IPO
Open17 Oct 2024
Close21 Oct 2024
Allotment22 Oct 2024
Listing24 Oct 2024

Quota Reservation Portions

RetailPortion: 20,59,200 shares
31.68%
Nii (hni)Portion: 8,83,200 shares
13.59%
AnchorPortion: 17,61,600 shares
27.1%
QIBPortion: 11,76,000 shares
18.09%
Market MakerPortion: 6,19,200 shares
9.53%

Minimum Application Bracket Matrix

Retail1 lots / 1,200 shares
₹1,39,200
HNI2 lots / 2,400 shares
₹2,78,400

About the Company

Freshara Agro Exports Limited, formerly known as Freshara Picklz Exports, was established in 2015 and focuses on sourcing, processing, and exporting preserved gherkins and other pickled vegetables from India to international markets. The company follows a contract farming model by partnering with farmers in Tamil Nadu, Karnataka, and parts of Andhra Pradesh. Around 70% of its produce is sent to factories for further processing, while 30% is exported directly to food brokers and traders. Freshara offers products like gherkins, baby corn, and jalapenos in industrial, food service, and retail packaging. The company maintains strict quality and food safety standards with certifications from FSSAI, US FDA, Star-K Kosher, APEDA, IFS, and BRCGS. As of September 30, 2024, it employs 135 people.

Company Promoters

Mr. Junaid AhmedMr. Iqbalahmed Khudrathullah MohammedMrs. Asma Syed
Freshara Agro Exports Limited IPO Details | GMP, Allotment & Financials | IPO Trending